SPECS:Algo: Scrypt. Asic miners uses less power than GPU and FPGA, and is therefore a more environmentally friendly algorythm.Reward: 100 Reward every 2 minutes, halved each 3 years, with 20% annual interest paid daily.Difficulty: Coin will retarget every block, based on the current hash rate, so no worry about getting hit by a "Retarget attack"Block maturity: 50 blocksTransaction maturity: 3 blocksTotal POW reward: 160,000,000POW lifetime: 50 yearsPOS Lifetime: Infinite

Premine: 2,000,000Half will be given away to kiwis, half will be used for development.

This one was actually made by Kiwis, and we think we can get it on the News. Im currently writing a press release and will send it to stuff.co.nz next week. The title is "Watch out Bitcoin. here comes Kiwicoin"

There are lots of crypto enthusiasts in NZ, considering the small population. So its fitting that Kiwis will appreciate to have their own currency, and hopefully choose to support a KIWICOIN that is made by KIWIS, for KIWIS.